Southchip Semiconductor Stock Forecast - 20 Period Moving Average
| 688484 Stock | 36.35 0.92 2.60% |
The 20 Period Moving Average forecasted value of Southchip Semiconductor Technology on the next trading day is expected to be 35.86 with a mean absolute deviation of 2.78 and the sum of the absolute errors of 114.06. Southchip Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Southchip Semiconductor stock prices and determine the direction of Southchip Semiconductor Technology's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Southchip Semiconductor's historical fundamentals, such as revenue growth or operating cash flow patterns.
Southchip |
Southchip Semiconductor 20 Period Moving Average Price Forecast For the 26th of November
Given 90 days horizon, the 20 Period Moving Average forecasted value of Southchip Semiconductor Technology on the next trading day is expected to be 35.86 with a mean absolute deviation of 2.78, mean absolute percentage error of 15.37, and the sum of the absolute errors of 114.06.Please note that although there have been many attempts to predict Southchip Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Southchip Semiconductor's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Southchip Semiconductor Stock Forecast Pattern
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Southchip Semiconductor Forecasted Value
In the context of forecasting Southchip Semiconductor's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Southchip Semiconductor's downside and upside margins for the forecasting period are 31.15 and 40.57, respectively. We have considered Southchip Semiconductor's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Southchip Semiconductor stock data series using in forecasting. Note that when a statistical model is used to represent Southchip Semiconductor stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 84.0852 |
| Bias | Arithmetic mean of the errors | -2.365 |
| MAD | Mean absolute deviation | 2.7818 |
| MAPE | Mean absolute percentage error | 0.0782 |
| SAE | Sum of the absolute errors | 114.0555 |
Predictive Modules for Southchip Semiconductor
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Southchip Semiconductor. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Southchip Semiconductor
For every potential investor in Southchip, whether a beginner or expert, Southchip Semiconductor's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Southchip Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Southchip. Basic forecasting techniques help filter out the noise by identifying Southchip Semiconductor's price trends.Southchip Semiconductor Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Southchip Semiconductor stock to make a market-neutral strategy. Peer analysis of Southchip Semiconductor could also be used in its relative valuation, which is a method of valuing Southchip Semiconductor by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Southchip Semiconductor Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Southchip Semiconductor's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Southchip Semiconductor's current price.| Cycle Indicators | ||
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| Volume Indicators |
Southchip Semiconductor Market Strength Events
Market strength indicators help investors to evaluate how Southchip Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southchip Semiconductor shares will generate the highest return on investment. By undertsting and applying Southchip Semiconductor stock market strength indicators, traders can identify Southchip Semiconductor Technology entry and exit signals to maximize returns.
Southchip Semiconductor Risk Indicators
The analysis of Southchip Semiconductor's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Southchip Semiconductor's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting southchip stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.87 | |||
| Semi Deviation | 3.07 | |||
| Standard Deviation | 4.45 | |||
| Variance | 19.8 | |||
| Downside Variance | 11.09 | |||
| Semi Variance | 9.43 | |||
| Expected Short fall | (3.72) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Other Information on Investing in Southchip Stock
Southchip Semiconductor financial ratios help investors to determine whether Southchip Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Southchip with respect to the benefits of owning Southchip Semiconductor security.